MWA Asset Management Has $478,000 Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

MWA Asset Management decreased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 21.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 9,433 shares of the company’s stock after selling 2,565 shares during the period. MWA Asset Management’s holdings in Fidelity High Dividend ETF were worth $478,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Octavia Wealth Advisors LLC grew its stake in Fidelity High Dividend ETF by 0.9% in the third quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock valued at $1,213,000 after acquiring an additional 222 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Fidelity High Dividend ETF by 5.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock valued at $272,000 after buying an additional 260 shares during the last quarter. FSC Wealth Advisors LLC grew its position in shares of Fidelity High Dividend ETF by 2.6% in the 2nd quarter. FSC Wealth Advisors LLC now owns 11,467 shares of the company’s stock valued at $536,000 after acquiring an additional 293 shares during the period. Pathway Financial Advisers LLC increased its position in Fidelity High Dividend ETF by 1.2% during the second quarter. Pathway Financial Advisers LLC now owns 45,687 shares of the company’s stock worth $2,133,000 after buying an additional 555 shares during the last quarter. Finally, Truist Financial Corp raised its stake in Fidelity High Dividend ETF by 0.7% in the 2nd quarter. Truist Financial Corp now owns 81,142 shares of the company’s stock valued at $3,796,000 after acquiring an additional 559 shares during the period.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV stock opened at $51.76 on Wednesday. Fidelity High Dividend ETF has a 52 week low of $39.86 and a 52 week high of $52.17. The company has a 50-day simple moving average of $50.78 and a 200 day simple moving average of $48.70. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

Fidelity High Dividend ETF Profile

The Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is managed by Fidelity.